Economic news 16 To 20 January

by Ntombi Malatsi | Jan 15, 2017 | ECONOMIC NEWS

Economic news to watch this week

Highlights:  On the 16th the USA is observing Martin Luther king day and US banks will be closed. Read about trading on a bank holiday  HERE.  The markets are about to get another jitters as the UK Prime Minister Theresa May is about to deliver her speech about the article 50 to start the process of the British people to officially leave the Eu. On another news it was said that the article 50 may be delayed by months due to Stormont crisis legal challenge but Theresa said on another news that the UK is ready for hard Brexit. The last time she opened her mouth, GBP reacted. Watch out for GBP  pairs as this is going to have a direct impact on a pound. In 2016 I watched traders getting kicked out of the markets simply because they refuse to pay attention to the economic factors (remove yourself from this list). Tune in to DSTV Chanel 410, 402, 401, 412, they usually broadcast these speeches live.  Fed Chair Janet Yellen is also having her speeches this week (what out for USD). Bank of England Gov Carney is due to speak this week as well. Bank of Canada’s Rate and ECB Press conference are also this week’s highlights. Below are the economic news to watch out for.

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